Next-Generation Sequencing Market Competitive Landscape, Revenue, Growth, Statistics, and Biotechnology Industry Analysis Report by 2028||Thermo…

Global Next Generation Sequencing Marketis valued atUSD 8156.4 Million in 2020and is expected to reachUSD 26762.5 Million by 2027with aCAGR of 18.5%over the forecast period.

Increasing number of cancer patients and growing research and developmentin this field are the significant factors that are driving the growth of the Global Next Generation Sequencing Market.

Scope of Next Generation SequencingMarket Report

Next-generation sequencing (NGS) is any of several high throughput approaches of DNA sequencing using the concept of massively parallel processing. Many NGS platforms differ on the basis of engineering configurations and sequencing chemistry.

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Next-Generation Sequencing Companies

Global next-generation sequencing market report covers prominent players are Thermo Fisher Scientific, Illumina, PerkinElmer, BGI Group, Agilent Technologies, Bio-Rad Laboratories, Eurofins GATC Biotech GmbH, DNASTAR lnc., Genomatrix GmbH, Oxford Nanopore Technologies, F. Hoffman-La Roche Ltd., QIAGEN, and others.

GlobalNext Generation Sequencing Market Segmentation:

By Type of Sequencing:

By Product Type

By Technology:

By Application:

By End-User:

News:

Ancestry Launched New Next Generation Sequencing Tool

On August 5th, 2020; Consumer genomic company Ancestry launched a new product dubbed Ancestry Health powered by NGS. This product will screen users for the genes associated with breast cancer, colon cancer, blood disorders and heart diseases. The service was developed by Quest Diagnostics and price of it is $179. This tool can examine harder-to-sequence variants of the human genome than traditional microarray tech. Now, consumers are spending less on nonessential items so, the hefty price tags of DTC genetic tests will likely drive consumers further away from these products. This tool could help patients cut back on meteoric costs associated with chronic illness by allowing for earlier intervention.

On Special Requirement Next Generation Sequencing MarketReport is also available for the below Regions and Country:

North America

Europe

Asia-Pacific

Latin America

Middle EastandAfrica

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Key Benefits of Global NGS Market Report

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Next-Generation Sequencing Market Competitive Landscape, Revenue, Growth, Statistics, and Biotechnology Industry Analysis Report by 2028||Thermo...